The purchase for Indiabulls Housing Finance Tranche IV Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) will begin on December 1, 2022. On NCDs, Indiabulls Housing Finance will give 9.80% interest rates. CRISIL AA/Stable and ICRA AA are the ratings for Indiabulls Housing Finance NCD. NCDs are available in terms of 24, 36, and 60 months. Details on Indiabulls Housing Finance NCD 2022 can be found here.
Indiabulls Housing Finance Limited (IBHFL) is one of India’s largest housing finance firms. They have been placed third in India by the National Housing Bank (NHB). The company, which was founded in 2000, provides home loans and loans against property. They have around 220 branches across 110 Indian cities. They have two representative offices in Dubai and London, where they serve NRIs and PIOs. The housing loan segment accounts for 65% of the business, while the nonhousing segment comprises for 35%. The company employs about 1300 people.
How to Apply Indiabulls Housing Finance NCD December 2022 Issue?
You can apply both online and offline using your existing Demat account. You can apply by downloading the form from the official website and filling it out completely, along with a cheque for the specified amount. You can take it to one of the collection centres.
Indiabulls Housing Finance NCD December 2022 Issue Details
| NCD Issue Open | December 1, 2022 |
| NCD Issue Close | December 22, 2022 |
| NCD Issue Size | Base: 100 Cr. | Shelf: 1400 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 9.80% ** (Annually) |
| Minimum Investment | 10 Bonds (₹1,000) |
| Listing on | BSE and NSE Platform |
| Credit Rating | CRISIL AA/Stable and ICRA AA |
| Tenor | 24, 36 and 60 months |
| Basis of Allotment | First Come First Serve Basis |
Indiabulls Housing Finance NCD Promoters
- Mr. Sameer Gehlau
Indiabulls Housing Finance NCD December 2022 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
|---|---|---|---|---|
| I | 24 Month | Annual | 9.30% | 9.29% |
| II | 24 Month | Month | 8.94% | 9.30% |
| III | 24 Month | Cumu. | NA | 9.30% |
| IV | 36 Month | Annual | 9.55% | 9.54% |
| V | 36 Month | Month | 9.16% | 9.54% |
| VI | 36 Month | Cumu. | NA | 9.55% |
| VII | 60 Month | Annual | 9.80% | 9.79% |
| VIII | 60 Month | Month | 9.39% | 9.80% |
Indiabulls Housing Finance NCD December 2022 Lead Manager
- A.K. Capital Services Limited
- Edelweiss Financial Services Ltd
- IIFL Securities Ltd
- Trust Investment Advisors Private Limited
Indiabulls Housing Finance NCD December 2022 Registrar
KFin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com
Company Information
Indiabulls Housing Finance Limited
M 62&63, First Floor,
Connaught Place,
New Delhi – 110 001, Delhi
Phone: +91 11 4353 2950
Email: [email protected]
Website: https://www.indiabullshomeloans.com
Indiabulls Housing Finance NCD December 2022 FAQs:
Q1. When is Indiabulls Housing Finance NCD Open?
Ans. Indiabulls Housing Finance NCD is to open on December 1 and close on December 22, 2022.
Q2. What is Indiabulls Housing Finance NCD Price?
Ans. The company has fixed the price at ₹1000 per NCD.
Q3. What is Indiabulls Housing Finance NCD Issue Size?
Ans. The NCD issue size is ₹100 crores.
Q4. On Which platform the Indiabulls Housing Finance NCD will list?
Ans. Indiabulls Housing Finance NCD will list on BSE and NSE Platforms.
Q5. How to apply for Indiabulls Housing Finance NCD?
Ans. You can apply from your existing Demat account online and offline.
